• Nova operation ahead of life of mine production guidance and below cost guidance
• Greenbushes spodumene production increased by 10% to 387kt
• A dividend of A$390.0M paid by Windfield to shareholders
• Group underlying EBITDA $118M, underlying free cash flow $69.5M
• Net cash increased to $386.5M as at 30 June 2026

IGO Ltd. reported a strong finish to FY26, with significant improvements across its operations. The Nova operation exceeded life of mine production guidance and was below cost guidance. Greenbushes saw a 10% increase in spodumene production, and realized spodumene prices improved to US$2,286/t. Kwinana lithium hydroxide production decreased due to a major planned shutdown. IGO's Group underlying EBITDA was $118M, and underlying free cash flow was $69.5M. Net cash increased to $386.5M. Safety performance continued to improve, with the Group TRIFR decreasing to 3.7, marking a 63% reduction over the year. A dividend of A$390.0M was paid by Windfield to shareholders.

FY27 spodumene production guidance: 1,550 - 1,750kt; Kwinana lithium hydroxide production guidance: 9,000 - 11,000t

IGO remains focused on growth in copper and lithium, leveraging exploration, BioHeap technology, and selective M&A. The company continues to assess options for the Cosmos Project and other portfolio optimizations.